Plan Ledger DOL Form 5500 · updated monthly

Clearcompany401(k)

CLEARCOMPANY 401(K) PLAN · LEWISTON, ME · plan year 2024

Reported admin expense ratio · 2024
0.11%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Clearcompany reported $14,434 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,437 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.04% to 0.11%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 177th-largest of 354 plans among Maine employers on file, and 1,186th of 2,199 in information & media. In 2024, employees put in $3.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,604,169
Participants with balances281
Active participants289
Employer contributions$704,183
Employee contributions$2,314,575
Employer contribution per active participant$2,437
Average account balance$55,531
Benefits paid to participants$923,205
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.6M · 281 accts · $704K emplr
2023$9.8M · 235 accts · $590K emplr
2022$6.1M · 226 accts · $455K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,474
Investment management$6,960
Total administrative$14,434
The Clearcompany 401(k) match · 2024
Employer contribution per active participant$2,437
Median for plans this size$2,416
2024$2,437 per active participant
2023$2,261 per active participant
2022$1,693 per active participant

Clearcompany's 2024 employer contribution ran above the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
ADP, INC. · Recordkeeping$7,474
NORTHWESTERN MUTUAL INVESTMENT SERV · Recordkeeping · Trustee$6,867
ADP BROKER-DEALER · Other servicesindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP, NORTHWESTERN MUTUAL INVESTMENT SERV
2023ADP

This plan has changed recordkeepers within these filings. If you left Clearcompany before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$14,434 · 0.11%
2023$1,720 · 0.02%
2022$2,150 · 0.04%
Same employer
Similar plansInformation & Media · Maine
Maine Public ME$31.9M · 0.23%
Bangor Publishing ME$22.6M · 0.02%
Maine Trust for Local News ME$19.2M · 0.54%
Rxante, Inc. ME$11.4M · 0.15%
Wayside Publishing ME$4.2M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201577060 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.